In Macroland,autonomous consumption equals 100,the marginal propensity to consume equals 0.75,net taxes are equal to 40,planned investment is equal to 50,government purchases are equal to 150,and net exports are equal to 20.Autonomous planned aggregate expenditure equals
A) 100.
B) 290.
C) 320.
D) 350.
E) 360.
Correct Answer:
Verified
Q63: If consumption increases by $8 when disposable
Q64: When actual private-sector investment is less than
Q65: Unplanned inventory investment equals zero when
A) planned
Q66: If consumption increases by $9 when disposable
Q67: In the short run,when output is less
Q69: When prices are predetermined,the level of output
Q70: In Econland,autonomous consumption equals 200,the marginal propensity
Q71: In the short run,when output equals planned
Q72: In Macroland,autonomous consumption equals 100,the marginal propensity
Q73: Short-run equilibrium output is the level of
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents